News Flash
DNV And DSME Join Hands To Develop Wind-Assisted Propulsion System
Categories: News Flash
Date: Sep 06, 2022
Daewoo Shipbuilding & Marine Engineering (DSME) and DNV have signed a memorandum of understandi...
Wärtsilä Propulsion Solution Selected For Sustainable New Hybrid Tug
Categories: News Flash
Date: Sep 06, 2022
The technology group Wärtsilä will supply its advanced thruster solution for a new hybrid tug bei...
Agreement Reached, SC Closes Case Between Adani Ports And JNPT
Categories: News Flash
Date: Sep 06, 2022
The Supreme Court on September 5 allowed a case involving a dispute between Adani Ports and the Jaw...
Commerce Secretary Optimistic Of Changing Weather After India’s August Trade Data Shows Exports Losing Steam
Categories: News Flash
Date: Sep 06, 2022
A contraction in exports coupled with a high import bill has renewed concerns over India’s wideni...
Tanker Values On The Rise
Categories: News Flash
Date: Sep 05, 2022
Astronger tanker market over the course of the past few weeks, has helped increase prices for tanke...
Iran Navy Says Thwarted Pirate Attack On Ship In Red Sea
Categories: News Flash
Date: Sep 05, 2022
An Iranian naval flotilla foiled a pirate attack on an Iranian merchant vessel in the Red Sea, the ...
Iron Ore Crumbles As China COVID Curbs Dampen Demand
Categories: News Flash
Date: Sep 05, 2022
Dalian iron ore fell on Friday to its weakest level in more than five weeks, while the steelmaking ...
India Is Likely To Become Third Largest Economy By 2029: SBI Report
Categories: News Flash
Date: Sep 05, 2022
India is likely to become the third largest economy by 2029 — up seven places since 2014 when the...
Dry Bulk Market: Capesizes Continue To Struggle
Categories: News Flash
Date: Sep 05, 2022
Capesize The Capesize market continues to struggle as demand for iron ore remains weak. Vessels ...
India’s Oil Imports From Russia Fall In Last Two Months, Down 25% From June
Categories: News Flash
Date: Sep 05, 2022
In the last two months, India’s crude oil imports from Russia have declined. However, the overall...
Container Freight Spot Market Continues To Sit Below Contracted Rates
Categories: News Flash
Date: Sep 05, 2022
High inflation levels, inventory surpluses and inflated costs of living have hampered appetite for ...
British Port Workers Plan Two-Week Strike From Sept. 19
Categories: News Flash
Date: Sep 05, 2022
More than 560 dockworkers at the Port of Liverpool, one of Britain’s largest container docks, wil...
Gibraltar Says Heavy Oil Leaking Into Sea From Cargo Ship
Categories: News Flash
Date: Sep 05, 2022
Gibraltar’s government said a stricken bulk carrier had leaked a small amount of heavy fuel oil i...
Tanker Refloated After Breakdown In Egypt’s Suez Canal
Categories: News Flash
Date: Sep 05, 2022
Tug boats refloated an oil tanker that was briefly stranded in Egypt’s Suez Canal late on Wednesd...
DNV Appoints New Area Manager For UK & Ireland
Categories: News Flash
Date: Sep 03, 2022
DNV, the world’s leading classification society, is pleased to announce that Tony Linden will ste...
Yuan Wang Has Maritime Lessons For India
Categories: News Flash
Date: Sep 03, 2022
The Chinese have complete control of Hambantota harbour as Lanka leased it to China Merchants Port ...
BIMCO Shipping Number Of The Week
Categories: News Flash
Date: Sep 03, 2022
Fresh stimulus could boost Chinese iron ore imports, down 3.3% YTD Preliminary shipping data fro...
Spot Rates Comparison On Major Trade Routes
Categories: News Flash
Date: Sep 03, 2022
The recent trend of falling spot rates has left many shippers and the wider container shipping indu...
Clear Seas Report On “Scrubbers” Provides Background In The Use Of These Anti-Pollution Devices For Shipping
Categories: News Flash
Date: Sep 03, 2022
Scrubbers are a relatively simple technology designed to remove polluting sulphur oxides from a com...
MISC Sets The Record As The Award Recipient For Strongest Commitment To Sustainable Energy Transportation
Categories: News Flash
Date: Sep 03, 2022
MISC Berhad (MISC or the Company) was honoured as the award recipient of the Strongest Commitment t...
Wilson Sons Is The First Company In Latin America To Join TIC 4.0
Categories: News Flash
Date: Sep 03, 2022
Wilson Sons, Brazil’s leading integrated port and maritime logistics operator, has been selected ...
Maersk Hit With $180 Million Contract Claim From New York Shipper
Categories: News Flash
Date: Sep 03, 2022
A New York shipper is legally pursuing Maersk for $180m, claiming the carrier failed to meet contra...
California Walnut Producers Struggle To Reach Overseas Markets
Categories: News Flash
Date: Sep 03, 2022
As summer winds down and the holiday season nears, California’s $1 billion walnut industry i...
EPA Pulls Permit For Proposed Offshore Oil Export Terminal Off Texas
Categories: News Flash
Date: Sep 03, 2022
The U.S. Environmental Protection Agency has revoked the permit for a proposed 1.92 million barrels...
White Paper –THE KNOWN UNKNOWNS Declassification of the Indian Ocean High Risk Area (HRA)
Categories: News Flash
Date: Sep 02, 2022
As you may be aware, key maritime industry bodies have decided to declassify the High Risk Area (HR...
VIKING Spearheads Shift To Maritime Safety As A Service
Categories: News Flash
Date: Sep 02, 2022
When SMM kicks off in early September, maritime professionals from all over the world are set to re...
FMC Receives Complaint Against Maersk
Categories: News Flash
Date: Sep 02, 2022
U Shippers Group Inc., an association of shippers, has filed a complaint with the Federal Maritime ...
Big Panic: Giant Ship Lady Zehma Whistled And Dived Into Bebek Bay In Bosphorus And Ran Aground
Categories: News Flash
Date: Sep 02, 2022
The cargo ship, which had a rudder failure while cruising from Ukraine to Istanbul, ran aground 40 ...
NMPL Port Appeals Against Order
Categories: News Flash
Date: Sep 02, 2022
The Navayuga Machilipatnam Port Limited (NMPL) filed an appeal petition challenging the single judg...
‘Vikrant’ To Be Re-Incarnated On Sept 2: All About India’s First Indigenous Aircraft Carrier, Explained
Categories: News Flash
Date: Sep 02, 2022
The nation’s first Indigenous Aircraft Carrier (IAC-1) will be commissioned on September 2, the ...
Baltic Index Bounces Back As Capesize Sees Best Day In Over 2-yrs
Categories: News Flash
Date: Sep 02, 2022
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
ADNOC Sends First Low-Carbon Ammonia Shipment From The UAE To Germany
Categories: News Flash
Date: Sep 02, 2022
Abu Dhabi National Oil Company (ADNOC) announced, today, that its first shipment of low-carbon ammo...